PORTSMOUTH – Newburyport Five Cents Savings Bank announced will be opening its first location in New Hampshire.

The new office will be conveniently located a block from Market Square at 254 State Street in downtown Portsmouth. Pending regulatory approvals, the Portsmouth branch is expected to open in early April of 2013.

“We are thrilled to join the Portsmouth area as an active and engaged community partner,” said Janice C. Morse, President and CEO of Newburyport Five Cents Savings Bank.

“We are very proud of our 158-year history of unwavering commitment to the communities we serve and look forward to bringing our full range of retail and commercial banking products and services to the Portsmouth community.”

In order to accommodate near and long-term growth plans within the greater Portsmouth area, the bank will look to add to its staff of dedicated employees who take pride in providing personalized customer service and profitable growth for the bank and community at-large. The Bank anticipates new job creations of 12 to 15 employees in the coming year.

Newburyport Five Cents Savings Bank is a growing community bank with $634M in assets, six locations (coming soon is 254 State Street, Portsmouth) and over 100 dedicated employees. To learn more please visit www.newburyportbank.com